Monday, 25 June 2018

Amid Arab boycott, Qatar's new friends find rich openings | Reuters

Amid Arab boycott, Qatar's new friends find rich openings | Reuters:

Six months ago Serkan Ucar arrived in Doha to scope out business opportunities - away from his usual patch. The mission looks set to pay off handsomely, as the Turkish entrepreneur expects to win a first contract to help build an iconic 2022 World Cup stadium.

Since several Arab countries launched an economic boycott of Qatar a year ago, the tiny Gulf state has had to find alternative partners for trade and investment. Aided by its massive natural gas wealth, it has rapidly made new friends.

 A year ago Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut transport and trade links with Doha, accusing it of backing terrorism - a charge it strongly denies.

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